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RingCentral Named Red Herring Top 100 Finalist

 

REDWOOD CITY, Calif., May 8, 2008 – RingCentral announced today that it has been selected as a finalist in the Red Herring North America Top 100 list for 2008. The Red Herring 100 recognizes the most innovative private technology companies based in North America. Past winners include Google, Yahoo!, and YouTube.

Red Herring's editorial board selected RingCentral as one of 200 finalists out of some 1,200 applicants for this year's award. Companies are evaluated on financial performance, quality of management, execution of strategy, and dedication to research and development.

RingCentral CEO, Vlad Shmunis, commented, "Inclusion among the finalists for the Red Herring Top 100 is an honor and recognizes our deep commitment to meeting the communications needs of businesses through innovative technology."

“We can see the exciting evolution of the technology sector reflected in the quality and variety of exceptional companies that we had to choose from in putting our list together. It was tough to choose just 200 finalists from such a large list of excellent contenders, and we are very happy with the quality of the companies we selected as finalists," commented Joel Dreyfuss, editor-in-chief of Red Herring.

RingCentral's Internet phone system helps people connect to businesses and mobile professionals worldwide. Delivering the power of a sophisticated phone system -- without expensive hardware to buy or maintain -- RingCentral takes the high cost and hassle out of communications, proving you don't need a "big company" budget to look like a big company.

The 100 winning companies will be announced at the Red Herring North America 100 event to be held in California May 12th-14th at The Fairmont San Jose. For more information, visit www.redherring.com.


About RingCentral

RingCentral provides an award-winning Internet phone system for business. With top honors including PC Magazine's Editor's Choice Award and Small Business Computing's Excellence in Technology, RingCentral offers full-access to core business phone services and helps improve productivity for over 50,000 customers worldwide. Headquartered in Redwood City, Calif., RingCentral is privately held with backing from Sequoia Capital, Khosla Ventures and DAG Ventures. For more information, please visit: www.ringcentral.com

About Red Herring

Red Herring is a global media company which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.

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RingCentral Contact:
Evelin Goldstein
650-516-4104
evelin.goldstein@ringcentral.com
www.ringcentral.com